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Zcash Node Aims for Visa-Scale Privacy at 50,000 TPS

Created at 19 Jul · 5:46 AM1 source↑ Market-relevant
IN SHORT

Zakura, a new Zcash full node, has launched as a pruned, fast-syncing fork of Zebra. Developed by Sean Bowe and Dev Ojha, it aims to scale Zcash to handle over 50,000 transactions per second, matching Visa and Mastercard, through cryptographic advancements and efficiency improvements.

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Key Numbers

50,000transactions per second target
500 MB/srequired node throughput for current crypto
11 gigabytesready-made pruned blockchain copy size
680 times fasternode sync speed improvement
under two minutestime to sync new node
July 28Ironwood upgrade activation date
block 3,428,143Ironwood upgrade block height
May 29, 2022Orchard soundness bug discovery date
June 2Orchard emergency response completion date
June 3NU6.2 hard fork date
block 3,364,600NU6.2 hard fork block height

Who's Involved

Zakura
new Zcash full node software
Sean Bowe
Zcash zero-knowledge cryptography founding member and Zakura maintainer
Dev Ojha
Osmosis cofounder, Valar Group lead, and Zakura maintainer
Zcash Foundation
developer of Zebra node software
Visa
global payments giant with high transaction throughput
Mastercard
global payments giant with high transaction throughput
Taylor Hornby
Shielded Labs researcher who found Orchard soundness bug
Zcash Node Aims for Visa-Scale Privacy at 50,000 TPS

↳ Why This Matters

This development is crucial for Zcash's future as it addresses critical scalability limitations and a significant security flaw, potentially enabling the network to compete with established payment processors and restore user confidence in the token's supply integrity.

Key facts

  • Zakura, a new Zcash full node, has launched with version 1.0.0.
  • It is a fork of the Zcash Foundation's Zebra node software.
  • The goal is to achieve Visa and Mastercard-level transaction throughput of over 50,000 per second.
  • Zakura incorporates pruning capabilities to reduce disk usage and offers fast syncing.
  • It maintains compatibility with the legacy zcashd client.
  • The Ironwood (NU6.3) upgrade, supported by Zakura, will address a soundness bug in the Orchard shielded pool.

Zakura, a new Zcash full node software, has been released, aiming to significantly boost transaction speeds and privacy capabilities to rival global payment networks like Visa and Mastercard. Developed independently by Sean Bowe and Dev Ojha, and funded by private ZEC donations, Zakura is a fork of the Zcash Foundation's Zebra node. The software is designed to handle over 50,000 transactions per second, a substantial increase from Zcash's current capabilities, by employing advanced cryptographic techniques and optimizing data verification.

Key to Zakura's development is its ability to prune old blockchain data, drastically reducing disk space requirements and enabling new nodes to sync in under two minutes. This fast-syncing capability, along with compatibility for the legacy zcashd client, aims to streamline the process for users and integrations. The project also involves advancements like Project Tachyon, which focuses on recursive proofs to reduce verification data, and private information retrieval (PIR) research by Valar Group to improve wallet performance.

Zakura's release coincides with the upcoming Ironwood (NU6.3) upgrade, scheduled for July 28. This upgrade addresses a critical soundness bug discovered in the Orchard shielded pool, which could have allowed for the minting of counterfeit ZEC. Ironwood will implement a 'turnstile' mechanism to cap withdrawals from the Orchard pool, effectively containing any potential counterfeit coins and restoring the integrity of Zcash's supply. The development team emphasizes that their cryptographic innovations are crucial for achieving the desired transaction volumes, as current methods would demand excessive data throughput from nodes.

Frequently asked questions

Zakura is a new, independently maintained Zcash full node software designed for high throughput and enhanced privacy.

The primary goal is to scale Zcash to handle over 50,000 transactions per second, comparable to Visa and Mastercard.

It utilizes advanced cryptography, recursive proofs (Project Tachyon), and optimizations for block propagation and wallet performance.

Ironwood addresses a soundness bug in the Orchard shielded pool and introduces a 'turnstile' mechanism to contain counterfeit ZEC.

Zakura offers pruning capabilities and publishes ready-made blockchain copies, allowing new nodes to sync in under two minutes.

What Happens Next

01The Ironwood (NU6.3) upgrade is set to activate on mainnet on July 28.
02Exchanges and wallet providers will continue to integrate Zakura and adapt to the Ironwood upgrade.

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Cadence

How It Developed

Zakura, a new Zcash full node, has launched.
The software is a pruned, fast-syncing fork of Zebra.
It is maintained independently and funded by private ZEC donations.
Zakura aims to support over 50,000 transactions per second.
The node supports the Ironwood (NU6.3) upgrade activating July 28.
Ironwood introduces a turnstile mechanism to cap withdrawals from the Orchard shielded pool.
This mechanism aims to contain counterfeit ZEC created by a soundness bug.

Sources

T1
Inside Zcash's new node that targets Visa-scale privacy at 50,000 transactions per secondCoinDesk

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